Office of the Attorney General
Attorney General Stumbo Announces Arrest Of Louisville Man On Theft Charges Related To Investment Scam
Attorney General Greg Stumbo today announced the arrest of Toby D. Mason on charges related to a natural gas well investment scam.
The investment scam involved the sale of an interest in a natural gas well in Brazoria County, Texas for $10,000, with the promise of a return of more than $50,000 in ten (10) months. The victim never received any payment from Mason and an investigation determined that he used the victim’s funds for personal expenses.
“My office will continue to crack down on scam artists,” Stumbo said. “Consumers should be aware that if it sounds too good to be true, it probably is.”
Mason was arrested last night at his home by Louisville Metro Police on a bench warrant after being indicted September 11, 2007 for 1 count of Theft by Failure to Make Required Disposition of Property over $300, 1 count of Failure to Register Securities and 1 count of Sale of Unregistered Securities which are all class D felonies.
The case was investigated by the Attorney General’s Office of Consumer Protection and will be prosecuted by the Jefferson Commonwealth Attorney’s Office.
Toby D. Mason, 48